Banks

Sberbank releases Financial Highlights for 5M 2017 (under RAS; non-consolidated).

VEB, Non-Commercial Partnership for Promotion of Navigation Technologies Development and Application (NP GLONASS), and China’s Norinco group of companies concluded a cooperation agreement at the St. Petersburg International Economic Forum.

The EIB, alongside the EIF have agreed to provide BBVA with a EUR 143 million mezzanine guarantee facility to support investment projects for Spanish SMEs.

ADB today signed a MOU with NDRC of PRC, Yanchang Petroleum Group, and Northwest University for a technical assistance grant of $5.5 million to develop a large-scale carbon capture and storage demonstration project.

BDO Unibank Renews and Expands Fiserv Relationship to Increase Business Flexibility and Speed to Market

The corresponding agreement was signed by Sergey Gorkov, Chairman of Vnesheconombank, and Ruslan Yunusov, Chief Executive Officer, Russian Quantum Center, during the St. Petersburg International Economic Forum (SPIEF).

VEB opened a national innovations and technologies exhibition entitled “Investment in the Future of Russia” at their booth at the St. Petersburg International Economic Forum.

ADB is partnering with governments, communities, and the private sector to help improve the availability and quality of clean and affordable sustainable power in the Pacific region, says a new ADB report.

The document was signed by Senior Vice President and Head of Sberbank’s Wealth Management Block Alexander Bondarenko and Mosoblgaz CEO Dmitry Golubkov.

The event was attended by representatives from the Rwanda Agriculture Board, the Rwanda Governance Board, the President of the Board, senior government officials, representatives of SERUKA, representatives of beekeepers’ cooperatives and associations.

The EIB will lend EUR 250 million to ABN AMRO, so that it can be on-lent to SMEs at reduced interest rates.